Fiscal 2024 Second-Quarter Business Update Strengthen Balance Sheet // May 7, 2024 Forward-Looking Statements and Other Disclaimers This presentation may contain forward-looking statements, including, without limitation, statements about future valuations, cash generation, production and inventory levels, cost structure, capital intensity and allocation, debt levels, balance sheet improvement, and SG&A costs; the company's fire retardant business, including its economics, potential customers, products in de ...

For the quarter ended March 2024, Compass Minerals (CMP) reported revenue of $364 million, down 11.5% over the same period last year. EPS came in at $1.49, compared to -$0.46 in the year-ago quarter.The reported revenue represents a surprise of -7.32% over the Zacks Consensus Estimate of $392.74 million. With the consensus EPS estimate being $0.23, the EPS surprise was +547.83%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

COMPASS MINERALS INTERNATIONAL, INC. Compass Minerals Reports Second Quarter Earnings Page 17 of 20 | --- | --- | --- | --- | --- | |--------------------------------------------------------|-------|---------|-------|---------| | Current portion of long-term debt | $ | 5.0 | $ | 5.0 | | Other current liabilities | | 195.9 | | 270.8 | | Long-term debt, net of current portion | | 872.2 | | 800.3 | | Deferred income taxes and other noncurrent liabilities | | 191.3 | | 224.7 | | Total stockholders' equity | | 38 ...

Compass Minerals (CMP) shares soared 13.3% in the last trading session to close at $15.51. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 39% loss over the past four weeks.The surge in Compass Minerals' stock price can be attributed to the completion of an amendment to its credit agreement, which provides temporary financial covenant relief amidst challenges posed by a mild deicing season and decreased plant nutrition earnings. ...

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced the election of Vance O. Holtzman to the company’s board of directors at its fiscal 2024 annual meeting of shareholders. Holtzman was nominated for appointment by Koch Industries Inc. (Koch), pursuant to the terms of the strategic equity investment in Compass Minerals in 2022 by Koch Minerals and Trading LLC (KM&T), a Koch subsidiary. “ Vance brings to our board proven financ ...

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Compass Minerals (NYSE:CMP), a leading global provider of essential minerals, today announced that it has agreed to a Term Sheet with the Utah Division of Forestry, Fire and State Lands (FFSL) outlining voluntary water conservation and other commitments the company will be making in an effort to help preserve the long-term sustainability of the Great Salt Lake. Compass Minerals and FFSL are currently crafting a binding Voluntary Agreement based on the framework establis ...

Jeff Zekauskas - JPMorgan Lorin Crenshaw - CFO Brent Collins - Vice President of Investor Relations Jenny Hood - Chief Supply Chain Officer Joel Jackson - BMO Capital Markets Seth Goldstein - Morningstar Brent Collins Company Participants George Schuller - Chief Operating Officer Conference Call Participants David Silver - CL King Operator Thank you, operator. Good morning. And welcome to the Compass Minerals fiscal 2024 first quarter earnings conference call. Today, we will discuss our recent results and u ...

Compass Minerals International, Inc. (CMP) recorded a first-quarter fiscal 2024 (ended Dec 31, 2023) loss of $1.83 per share compared with a loss of a penny in the year-ago quarter.Barring one-time items, adjusted earnings were 5 cents per share. It missed the Zacks Consensus Estimate of earnings of 24 cents.Sales fell around 3% year over year to $341.7 million in the quarter. The figure lagged the Zacks Consensus Estimate of $368.2 million. The results mainly reflect weaker Salt segment sales, partly offse ...

Compass Minerals (CMP) reported $341.7 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 3%. EPS of $0.05 for the same period compares to $0.00 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $368.25 million, representing a surprise of -7.21%. The company delivered an EPS surprise of -79.17%, with the consensus EPS estimate being $0.24.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Compass Minerals (CMP) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -79.17%. A quarter ago, it was expected that this minerals producer would post earnings of $0.14 per share when it actually produced a loss of $0.06, delivering a surprise of -142.86%.Over the last four quarters, ...